Ask what Korea is talking about.

The government and ruling party announced on October 29 that all workplaces must set aside retirement benefits externally by 2030, starting with firms of 100+ employees in 2028, to prevent unpaid retirement pay. Yonhap reports the plan includes expanding fund-type retirement pensions. Labor Minister Kim Young-hoon said, "500 trillion won in retirement pensions must develop into a genuine old-age income security system."